Litecoin price is sliding and it is now trading well below the $45.00 level against the US Dollar.LTC price is under pressure and it could struggle to recover above $44.00 and $45.00.There is a major bearish trend line forming with resistance near $44.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $42.80 and $42.50 levels in the near term.Litecoin price is showing a lot of bearish signs against the US Dollar and...
Read More »Crypto Price Analysis December 11: BTC, ETH, LTC, XRP, EOS
Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.Judging by the charts of the main crypto instruments, the bears are still at the wheel. However, it should be noticed, that the angle of the decline is becoming less and less steep every day, which means a certain weakening of the trend. The picture on the charts may be hinting that the long but...
Read More »Ripple Updates Its Xpring Platform with New Features to Boost XRP Development
Ripple has done it again when it updated its recently launched Xpring developer platform to accept two new programming languages Python and Go. The new XRP developer platform (xpring.io) allows both cryptocurrency developers and non-cryptocurrency developers to be able to create applications that run within the XRP ecosystem. The new features include customer service, a new developer-friendly wallet, technical documentation and another set of cool tools.The platform was launched in October...
Read More »Swiss Startup Amun Gets Green Signal from Regulators to Offer ETP Products to EU Retailers
Switzerland-based fintech startup Amun AG is all set to offer cryptocurrency exchange-traded products (ETPs) to retail investors in the EU after it receives a regulatory nod from the Swedish Financial Supervisory Authority (SFSA).Amun made the announcement on Tuesday, December 10, after SFSA cleared a base prospectus filed by the startup. The announcement says that retail investors who have access to Germany’s Boerse Stuttgart and Swiss SIX exchanges will be eligible to trade Amun’s ETP...
Read More »Ripple Price Analysis: XRP Goes Back Up To $0.23, Can Christmas Come Earlier?
XRP has seen an increase of 4.25% this week as it reaches $0.23.The cryptocurrency broke above a steep descending channel that was apparent in November.It continues to remain above the strong 3000 SAT support against BTC.Key Support & Resistance LevelsXRP/USDSupport: $0.2150, $0.20, $0.1850 Resistance: $0.2345, $0.2520, $0.27XRP/BTC:Support: 3000 SAT, 2900 SAT, 22853 SATResistance: 3200 SAT, 3325 SAT, 3500 SATXRP/USD: A Break Above The Descending Price Channel The daily chart shows XRP...
Read More »OKEx Surpasses CME in Launching Bitcoin Options Trading
Cryptocurrency exchange OKEx announced it decided to launch Bitcoin options trading by the end of this year.According to the announcement, the Malta-based exchange currently offers spot trading meaning purchase or sale of foreign currency, financial instrument or commodity for instant delivery on a specified spot date. It also offers futures trading and both of it in cryptocurrencies, A per the company, starting cash-settled options trading in BTC/USD pair begins on December 27 due to...
Read More »Ripple Price Analysis: XRP Approaching Next Significant Break
Ripple price is rising and it is trading near the $0.2315 resistance area against the US dollar.The price is likely to surge if it breaks the $0.2315 and $0.2325 resistance levels.There is a major breakout pattern forming with support near $0.2270 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A downside break below $0.2270 and $0.2250 might negate the possibility of an upside break.Ripple price is approaching the next key break against the US Dollar. XRP price could...
Read More »Crypto Price Analysis & Overview December 6th: Bitcoin, Ethereum, Ripple, Raven, and Matic
This week Bitcoin attempted to halt the previous bearish trend but failed to advance above the resistance at $7,800. The cryptocurrency has lost a total of 21% over the past month after it plummeted beneath the 100-days and 200-days EMAs in November.To break higher, we must see Bitcoin rising above the resistance at $7,800. If the bulls are successful in this, further resistance lies at $8,000 and $8,265. Alternatively, if the sellers bring the price below $7,400 and start to push the market...
Read More »XRP Adoption in Blockchain-Based Gaming Community Helps Project Extension
During 2019, Ripple, a San Francisco-based organization developing the ecosystem around XRP has gained prominent partnerships to boost the use of XRP. XRP is one of the most pressing digital money forms for weekend recovery. The Asian session was portrayed with a slight 0.2% increase in price while the European session continues. Instability extends near the evolving technical pattern. XRP/USD bounces back at $0.2225 although it opened Friday session at $0.2228. In the hour of writing, XRP...
Read More »Ripple Makes Final Attempt to Dismiss Its XRP Securities Lawsuit
Blockchain startup Ripple has been engaged in a long going battle with complainants claiming XRP as a security. However, it seems that the company wants to put an end to this debate and reach a final settlement. In its latest filing on December 4, with the U.S. District Court for the Northern District of California, Ripple said that the plaintiffs suing the company over the unregistered sale of security tokens (XRP) have brought the case too late. In the filing, Ripple says that even if XRP...
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Ripple (XRP)
